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Fortune
Fortune
Jeffrey Sonnenfeld, Steven Tian

UNCOVERED: Despite some initial skepticism could target s turnaround be right on target - Caught on Camera

Michael Fiddelke (Credit: Elizabeth Flores/The Minnesota Star Tribune via Getty Images)

The old proverb “new brooms sweep clean” is often misleadingly mentioned to suggest that new hires are more thorough. That drops the cautionary second part of the proverb that should not be ignored: “but an old broom knows the corners.” 

The wisdom of the full saying rings especially true when considering how the nascent turnaround effort at iconic retail chain Target appears to be coming into focus, despite widespread initial skepticism. While the path forward remains challenging, could Target’s turnaround be right on target despite all the naysayers? 

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